Selling a Franchise – Realizing the Full American Dream

Selling a franchise? Franchising is an amazing industry! The appeal and benefits of owning a franchise are plentiful, but perhaps the most compelling reason is that franchises are a means by which entrepreneurs can confidently pursue and realize the American Dream! The dream of opportunity, freedom, and prosperity in our work!

Virtually every franchise owner dreams of one day selling their franchise. The goal of Franchise Flippers is to help you, the owner, have a smooth franchise resale. In this video, we're covering some of the common mistakes franchise owners have made when selling their businesses. When you have the support and counsel you need and are aware of the potential pitfalls you could face when selling your franchise, you don't have to make the same mistakes.

Selling a franchise? Franchising is an amazing industry! The appeal and benefits of owning a franchise are plentiful, but perhaps the most compelling reason is that franchises are a means by which entrepreneurs can confidently pursue and realize the American Dream! The dream of opportunity, freedom, and prosperity in our work!

Whether you are ready to move on in less than a year or you are planning to transition out in the next few years, taking the right steps to maximize your franchise resale value is critical. From now until you get to the closing table, you have the opportunity to enhance the value of your franchise, and thus put yourself in a position to attract better buyer candidates, demand a more favorable sales price, and negotiate more desirable terms.

Making the decision to sell an existing franchise operation is a challenging decision. If you are contemplating selling an existing franchise, or have done so in the past, you understand the difficulty of such a decision. To complicate the matter, you must also determine HOW to go about selling your franchise business. Deciding is one thing. Doing is another. Not knowing how to sell a franchise resale is often what prevents a franchise owner from taking action.

Whether it comes after decades of success or after just a few years in operation, the day to move on from your franchise business will arrive. For many, this day means it’s finally time to cash out and retire. It is the cherry on top of a long and successful run in the franchise world. For some, this day represents a time to pursue a new opportunity. It is another feather in their cap as they continue on the exciting journey ahead.

Where you list your franchise for sale and how the information is presented can have a tremendous impact on the speed at which your franchise will sell. If you need to sell your franchise quickly, you will generate the most inquiries from potential buyers by following these 3 key tips:

One of the first determinations in selling your franchise is to establish an appropriate listing price. For some, this is a grueling process full of worry, headache, and uncertainty. However, if the right approach is taken, determining your listing price can be a simple process through which you navigate smoothly and confidently.

Congratulations! Your franchise resale listing is live! So, what happens next? Think of creating your listing as asking for a date (or multiple dates). Now, it’s time to get ready to meet! How do you do a quick business makeover so serious franchise resale buyers will like what they see? Here’s what we recommend:

I owned franchises in a large national franchise chain. In fact, I have owned quite a few units over the course of 15 years. I worked hard year after year investing time, money, and expertise, slowly growing my own little empire to be proud of...

In this article we shed light on some of the unique concerns inherent with purchasing an existing franchised business and offer some insight on how to use certain franchise documents to better understand the business being purchased.

Are you considering the purchase of a franchise? Perhaps you’ve only thought of buying into a new business and starting from the ground up. Have you given thought to purchasing a franchise resale instead? While this may not be the best option for everyone, there are numerous benefits in buying an established franchise business…

Buying an existing franchise business can be a scary proposition. There are so many factors to consider and so many questions to ask that it can feel overwhelming, even within the safety net of a franchise system. The good news is that franchises change hands all the time, and there are simple tactics any buyer can follow to make the negotiation and buying process…